Investment objective

This fund is an asset allocation fund specifically designed to meet the changing needs of investors who are saving money for the purpose of funding a post-secondary education that commences around 2025. The fund gradually shifts its asset mix from an emphasis on equity funds, in its early years, to an emphasis on money market funds as its "target" date (2025) approaches. Over the life of the fund, its portfolio will shift from a focus on funds with growth potential to a focus on funds that will preserve capital.

  • Fund Category Balanced Funds & Portfolio Solutions
  • Inception Date Jul 04, 2016
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Fund details

Series
Currency
Fund code
MER * (%)
F CAD 35045 0.79%

Portfolio analysis As of Mar 31, 2025

0% 100%
Equity Fixed Income

Asset mix

Fixed Income Breakdown
Government Bonds50.8%
Corporate Bonds45.7%
ST Investments (Cash & Other)1.7%
Mortgage Backed Securities1.6%
Other Bonds0.2%
Top 10 Holdings
% Assets
RBC Canadian Money Market Fund - Series O 99.7%
Bank of Montreal TD 2.650% Apr 01, 2025 0.4%
Total % of Top 10 Holdings 100.1%

Performance analysis

Growth of $10,000 since inception

Calendar returns

Trailing return

1 Mth 3 Mth 6 Mth 1 year 3 years 5 years 10 years Since Inception
0.3 0.6 1.1 4.2 2.3 3.4 - 3.7 Fund

Distribution ($)/unit

YTD* 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Total distributions 0.00 0.40 0.32 0.39 0.47 0.45 0.27 0.51 0.45 0.33 ---
Interest --- 0.40 0.29 0.07 0.06 0.10 0.05 0.02 0.01 0.01 ---
Canadian dividends --- --- 0.01 0.04 0.04 0.06 0.07 0.07 0.08 0.09 ---
Foreign dividends --- --- 0.02 0.04 0.05 0.05 0.08 0.10 0.11 0.11 ---
Foreign taxes paid --- --- 0.00 0.00 -0.01 -0.01 -0.01 -0.01 -0.02 -0.02 ---
Capital gains --- --- --- 0.25 0.32 0.24 0.08 0.33 0.27 0.14 ---
Return of capital --- --- 0.00 --- --- --- --- --- --- --- ---

* MER (%) is based on actual expenses for the preceding calendar year or most recent half-year period ended June 30 expressed on an annualized basis, depending on availability of date at the time of publication.